Chinese startup Li Auto sold more cars in October than Tesla’s China business did in October, according to the China Passenger Car Association.
Tagged By beijing
China’s Under-Developed CDS Market Worsens Real Estate Pain
After a major default, investor attention usually turns to the potential payout from credit default swaps, a type of security that acts as insurance against bankruptcy. But when one of China’s biggest property developers missed…
Syngenta’s IPO Delay Darkens Outlook for Asia Pipeline This Year
The announcement highlights a general malaise in first-time share sales in Asia, and follows China’s securities regulator’s decision in late August to slow the pace of IPOs, amid an economic downturn that’s been weighing on…
China could set new record for iron ore imports
For all the negative news coming from China this year on weak demand for steel products, weak exports, the property sector crunch and deflation, there is every likelihood the country could set a new …
AAPI voters attribute hate crimes to political leaders’ rhetoric on China: poll
18 to 24, reveals that 60% of AAPI voters connect the increase in hate crimes to political discussions about China. Amid the COVID-19 pandemic, the AAPI community saw a 339% surge in hate crimes, with…
Explainer: What is China’s Singles Day, and how is it celebrated?
The event has in recent years lost some of its novelty with the rise of other shopping festivals in China, including the midyear “618” sales that are the country’s second largest. Strict COVID-19 …
Long before rescue talks, China’s property giant Country Garden struggled to build homes, pay bills
BEIJING: When China’s largest developer Country Garden first skipped debt payments in August, its shares tumbled 14 per cent, marking a reversal of fortunes: from industry poster child to another troubled property company struggling to…
China’s surprise NFT move, Hong Kong’s $15M Bitcoin fund: Asia Express
China issues legal guidance that gives NFT markets hope, Bitget invests $10M in Indian startups, SEBA Bank’s Hong Kong license: Asia Express.
Geely’s Zeekr gears up for US IPO, but China influence remains a concern
Zeekr, the luxury electric vehicle brand under China’s Geely, is gearing up to list its shares publicly in the U.S., according to a regulatory filing submitted Thursday. The filing shows widening losses between the first…
Attempts to check China’s rise will backfire in the end
That’s why it is absurd for politicians to lecture business leaders on the risks of doing business with China. The world will be worse off if China and the US stop cooperating. That is the…
Politicians’ anti-China language prompted anti-Asian violence, battleground voters say in new poll
A new poll released on Wednesday revealed that most potential 2024 voters in battleground states believe that politicians’ use of anti-China rhetoric was responsible for the previous spike in violence toward Asian Americans.
China’s ambassador to US says Sino-US relations still face severe challenges
China’s ambassador to the United states, Xie Feng, said the most important thing is to find the right way for China and the United States to get along.
China’s export restrictions on critical minerals are threatening the viability of EV makers–and forcing them to innovate
Auto giants in the U.S. and Europe are already collaborating with innovators on joint research and development for EV batteries-but time is of the essence.